Search found 251 matches

by AllieTB1323
Tue Jul 09, 2019 10:02 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard hits back at Fidelity's loss-leader strategy by courting higher-margin businesses, like China and private equi
Replies: 19
Views: 1961

Re: "Vanguard hits back at Fidelity's loss-leader strategy by courting higher-margin businesses, like China and private

This only reinforces what I have been saying for the last 10 - 12 years. People have been repeatedly extolling the virtues of the mutual ownership structure of Vanguard vs. the private ownership of competitors. I have always maintained that history has repeatedly demonstrated that the profit motive...
by AllieTB1323
Tue Jul 09, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard hits back at Fidelity's loss-leader strategy by courting higher-margin businesses, like China and private equi
Replies: 19
Views: 1961

Re: "Vanguard hits back at Fidelity's loss-leader strategy by courting higher-margin businesses, like China and private

This only reinforces what I have been saying for the last 10 - 12 years. People have been repeatedly extolling the virtues of the mutual ownership structure of Vanguard vs. the private ownership of competitors. I have always maintained that history has repeatedly demonstrated that the profit motive...
by AllieTB1323
Tue Jul 09, 2019 6:21 pm
Forum: Personal Consumer Issues
Topic: (Tall) Buyer Beware: Honda Accord.
Replies: 71
Views: 6111

Re: (Tall) Buyer Beware: Honda Accord.

kjvmartin wrote:
Mon Jul 08, 2019 7:37 pm
Jags4186 wrote:
Mon Jul 08, 2019 6:54 pm
How tall are you?
6'4 or 1.93m for our non-USA Bogleheads.
I know your pain, over the last decade the only "car" I felt comfortable in is a Silverado pickup.
by AllieTB1323
Sat Jun 22, 2019 10:19 am
Forum: Personal Investments
Topic: Fidelity Balanced Fund
Replies: 20
Views: 2093

Re: Fidelity Balanced Fund

Contrary to a earlier post, according to Fidelity's website VG Balanced Index fund has a $75.00 transaction fee. The $4.95 fee refers to equities and ETFs.
by AllieTB1323
Sat Jun 08, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 9659

Re: Do you carry Umbrella Insurance?

We carry 5M.
by AllieTB1323
Mon Jun 03, 2019 4:38 pm
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3283

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

None now. About four years ago I sold our personally held commercial property and the the privately held C-Corp that used it as an office. Being an ex-investment property owner allows us to sleep better.
by AllieTB1323
Sat Jun 01, 2019 11:45 am
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 10584

Re: How did you all do in the month of May, 2019

Considering the combined portfolio we dropped 5 basis points less than our benchmark which is VG Balanced Index Fund VBIAX.
by AllieTB1323
Mon May 13, 2019 2:42 pm
Forum: Personal Investments
Topic: Email to my Edward Jones Rep
Replies: 46
Views: 4430

Re: Email to my Edward Jones Rep

Don't waste the nice mans time and absolutely don't tell him how much you expect to net from the sale of your business. +1, telling the EJ salesman how much you are netting on the sale isn't a good idea. When I dumped the family RBC advisor I sent him a note saying "I was going in a different direc...
by AllieTB1323
Sat May 04, 2019 8:54 pm
Forum: Personal Investments
Topic: why not high yield and closed end muni funds?
Replies: 16
Views: 1477

Re: why not high yield and closed end muni funds?

AllieTB1323 wrote:
Sat May 04, 2019 8:48 pm
Your list of CEFs carry significant leverage. Leverage is great until it isn't. :( :(

To check out CEFs use : https://www.cefconnect.com

Read up on how a CEF can trade at a discount to the NAV (Net Asset Value).

Full disclosure, we hold < 4.00% CEFs in our taxable account.
by AllieTB1323
Sat May 04, 2019 8:48 pm
Forum: Personal Investments
Topic: why not high yield and closed end muni funds?
Replies: 16
Views: 1477

Re: why not high yield and closed end muni funds?

Your list of CEFs carry significant leverage. Leverage is great until it isn't. :( :(

To check out CEFs use : https://www.cefconnect.com

Full disclosure, we hold < 4.00% CEFs in our taxable account.
by AllieTB1323
Mon Apr 29, 2019 5:13 pm
Forum: Personal Investments
Topic: What is your favorite Dividend Growth ETF
Replies: 5
Views: 685

Re: What is your favorite Dividend Growth ETF

Time2Quit wrote:
Mon Apr 29, 2019 2:55 pm
I own some DGRO myself and have been happy with it. I am most likely in the minority as most would probabbly recommend VTSAX or equivalent.
About 3 percent of my equities are in DGRO and VYM. Both hold something north of 400 stocks compared to VIG which as less than 200.
by AllieTB1323
Tue Apr 16, 2019 9:33 pm
Forum: Personal Investments
Topic: Help with best Merrill Edge bond fund or low risk qualified dividends
Replies: 6
Views: 667

Re: Help with tax on interest vs qualified dividends and best Merrill Edge bond fund

retiredjg wrote:
Tue Apr 16, 2019 9:30 pm
I don't believe that dividends from bond funds can be qualified. Dividends from bond funds are taxed like interest income.

Qualified dividends come from stocks/stock funds.

Agree, it is my understanding interest is taxed as regular income.
by AllieTB1323
Sun Apr 14, 2019 10:26 am
Forum: Personal Investments
Topic: Considering Muni bond ETFs for my Taxable account
Replies: 9
Views: 1215

Re: Considering Muni bond ETFs for my Taxable account

I hold HYD, HYMB and NZF. These have probably worse credit than what you described above, but a low 2% return is is not enough for me to take money away from stocks and other things. Sort of related - I notice a lot of closed end muni funds are/were trading at huge discounts to NAV. I bought about ...
by AllieTB1323
Fri Apr 12, 2019 6:46 pm
Forum: Personal Investments
Topic: Investing gift from grandma
Replies: 46
Views: 3512

Re: Investing gift from grandma

Unfortunately I don't relate too well to new born or unborn children. I do relate to grandmas much better. Therefor I suggest you stick with individual stocks as she requested. As an Option D suggestion I would offer McDonald's. As a young child I submit that they might be more familiar with the Go...
by AllieTB1323
Fri Apr 12, 2019 2:16 pm
Forum: Personal Investments
Topic: Is ETF reinvestment inferior to Mutual Fund reinvestment?
Replies: 22
Views: 1193

Re: Is ETF reinvestment inferior to Mutual Fund reinvestment?

With ETFs, the "whole share" requirement makes investing your dividends a bit more complicated. You always have "remainders" that sit un-invested. Many brokers now support fractional shares when dividends are reinvested. This is true at Fidelity and Vanguard. When selling, the whole shares are sold...
by AllieTB1323
Tue Apr 09, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Fidelity rep confirms Zero funds are loss leaders (Jane Bryant Quinn)
Replies: 32
Views: 3237

Re: Fidelity rep confirms Zero funds are loss leaders (Jane Bryant Quinn)

Yup, but then again zero doesn't mean no income. My DW found this interesting: "Last year, the Fidelity Small-Cap Index Fund, with an expense ratio of only 0.025 percent, generated more than 0.20 percent in securities-lending revenue, which it returned to the fund, Nicole Goodnow, a Fidelity spokesw...
by AllieTB1323
Thu Mar 07, 2019 10:23 am
Forum: Personal Investments
Topic: Need advice making an investment decision for a trust
Replies: 7
Views: 569

Re: Need advice making an investment decision for a trust

I am sorry about your brothers passing. I do not envy the position you are in as trustee. But I do agree with others that you have to take your personal investment opinions out of it. If it were my niece, I would place her money in the most safe investment possible, to ensure I wasn't blamed later ...
by AllieTB1323
Fri Mar 01, 2019 10:13 pm
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper
Replies: 21
Views: 2793

Re: Barron's--Vanguard Just Made Its S&P 500 Fund Even Cheaper

Amazing how many here said a few bps didn't matter when Fidelity introduced Zero funds but now when Vanguard reduces expenses it is a game changer (LOL). Mr. Romano was simply posting text from a Barron's article, who is saying it is a game changer? BTW, is it the ETF that dropped for the ETF and M...
by AllieTB1323
Fri Mar 01, 2019 7:15 pm
Forum: Personal Investments
Topic: What did wise people do with their investments in 2008
Replies: 101
Views: 7910

Re: What did wise people do with their investments in 2008

In the tax protected space we maintained our monthly auto investments. In our taxable account we kept rebalancing back to 75/25 by selling our fixed income positions and buying an S&P Index fund. We were lucky, the kids were out of the house and out of school and our business was secure and profitab...
by AllieTB1323
Thu Feb 28, 2019 7:14 pm
Forum: Personal Investments
Topic: Want no interest, dividends or distributions in 2019
Replies: 45
Views: 4546

Re: Want no interest, dividends or distributions in 2019

RCL wrote:
Thu Feb 28, 2019 7:08 pm
Tax Exempt municipal bond funds from your state?
Or live in a state with no income tax and buy a national municipal bond fund. Vanguard's VTEB comes to mind.
by AllieTB1323
Thu Feb 28, 2019 3:45 pm
Forum: Personal Investments
Topic: Great Goofs
Replies: 47
Views: 4483

Re: Great Goofs

Listening to a FA back in 1999.
by AllieTB1323
Mon Feb 25, 2019 1:20 pm
Forum: Investing - Theory, News & General
Topic: Buffet's Cash Position
Replies: 71
Views: 5670

Re: Buffet's Cash Position

Anyone holding VTSAX, ITOT or any other U.S. Total Market Index fund is holding a non-trivial position in BRK. His yearly letters are an entertaining exercise in Sacred Cow slaying, below is an excerpt from this year's letter. "Over the years, Charlie and I have seen all sorts of bad corporate behav...
by AllieTB1323
Sun Feb 24, 2019 12:42 pm
Forum: Personal Investments
Topic: Financial Predators and the Elderly, and What YOU Need to Do
Replies: 41
Views: 3561

Re: Financial Predators and the Elderly, and What YOU Need to Do

Not to discount the concerns raised by the OP, but I believe most cases of elder financial exploitation are committed by family members. I read a lot on this topic because I observed it happening within my own family. And yes, there are also a lot of stranger predators hunting for vulnerable senior...
by AllieTB1323
Sun Feb 24, 2019 10:43 am
Forum: Personal Investments
Topic: Muni bond CEFs
Replies: 17
Views: 1190

Re: Muni bond CEFs

Years ago I was gifted positions in LEO, VMO and NAD which unfortunately were lacking a cost base. They represent a minor position in the portfolio. I've learned to live with the high ERs and leverage and appreciate tax-free monthly dividends
by AllieTB1323
Sat Feb 23, 2019 6:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 41
Views: 3857

Re: Vanguard brokerage account transition

One negative switching to the brokerage is that it takes and additional 2-3 weeks to get your tax statement. If you don't have a taxable account, not an issue, but a bit annoying I had to wait a couple weeks to file my taxes this year waiting for Vanguard. I downloaded my VG Brokerage 1099 on Janua...
by AllieTB1323
Fri Feb 22, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: [Computer issues: Financial Predators and the Elderly, and What YOU Need to Do]
Replies: 4
Views: 183

Re: Financial Predators and the Elderly, and What YOU Need to Do

notyouraveragejones, I feel for you. Very difficult. However, I'm a bit alarmed that someone definitely sketchy had access to your mother's computer. If that is correct, and you are far away, may I suggest trying to get your mother to have someone like GeekSquad make a home visit? I'd suggest remot...
by AllieTB1323
Mon Feb 18, 2019 10:52 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 9338

Re: How many bogleheads do you know in real life?

Exactly one, my brother by a different mother. Other than that my sister and BIL both have a guy charging them 1.25% to do something they could do investing an hour or two doing research twice a year. Alas isn't like they are lacking the background to self manage their investments. Their guy drives ...
by AllieTB1323
Mon Feb 18, 2019 5:45 pm
Forum: Personal Investments
Topic: Breaking BND up for tax efficiency
Replies: 8
Views: 689

Re: Breaking BND up for tax efficiency

Your 0.02% increase in ER will set you back $20 per $100,000. Seems like a small price to pay.
by AllieTB1323
Sun Feb 17, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Easiest Way to Give $100k Cash to Non-Family Member
Replies: 62
Views: 5332

Re: Easiest Way to Give $100k Cash to Non-Family Member

GrowthSeeker wrote:
Sun Feb 17, 2019 7:30 pm
OK, I'll say it. It's not what you want to hear.
It is a mistake, do not do it.
Agree, this may not be the best idea. DW and I gift money to the kids/grandkids: our mantra is the money is a gift and we have no control over how that money is used.
by AllieTB1323
Thu Feb 14, 2019 9:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "secret" funds
Replies: 35
Views: 7027

Re: Vanguard "secret" funds

This is Dan Wiener’s newsletter; he has been around for a long time and actually has a pretty good track record - i.e., not backtested but real portfolios from newsletters going back a number of years. Whether he provides better risk adjusted returns is a different argument. He’s been discussed at ...
by AllieTB1323
Wed Feb 13, 2019 7:52 pm
Forum: Personal Investments
Topic: Wife does not hold job but still invested question
Replies: 13
Views: 1418

Re: Wife does not hold job but still invested question

dziuniek wrote:
Wed Feb 13, 2019 12:28 pm
Darth Xanadu wrote:
Wed Feb 13, 2019 11:29 am
From the IRS website FAQ:

https://www.irs.gov/retirement-plans/re ... tributions

Might point out to your "investment guy" that he is mistaken.
+1

Get a new 'investment guy', better yet - DYI using principles learned on this board!
Yup, :sharebeer
by AllieTB1323
Sat Feb 09, 2019 8:09 pm
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 97
Views: 9900

Re: Ally Bank's nightmarish online reviews -- should I be worried?

I had problems with Ally when tried to withdraw money from online savings account . I closed my accounts with them and switched to Marcus - much better service and has higher rates than Ally We have had no problems with Marcus. BTW, I have never had an account at Ally but I assume if you have enoug...
by AllieTB1323
Sat Feb 09, 2019 10:31 am
Forum: Personal Investments
Topic: Fidelity ZERO YTD Performance
Replies: 33
Views: 4725

Re: Fidelity ZERO YTD Performance

I would not worry about a tenth of a percent, nor would I keep exchanging funds. Time in the market is your friend. Your portfolio does not need to be perfect and sometimes it’s better not to check it all the time. Especially after a short period of time. Good luck to you. Excellent point; if it ai...
by AllieTB1323
Fri Feb 08, 2019 9:42 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2412
Views: 435108

Re: What are you up YTD? [Year To Date]

Basically 60/40 YTD 6.1%.
by AllieTB1323
Thu Feb 07, 2019 5:22 pm
Forum: Personal Investments
Topic: Merrill Edge or Fidelity
Replies: 42
Views: 3179

Re: Merrill Edge or Fidelity

ERguy101 wrote:
Thu Feb 07, 2019 5:18 pm
Move it all to Fidelity. Holy shit that AUM fee!
Move!

Ouch !.75% and I thought my inherited account at RBC with a 1.25% AUM fee was bad.
by AllieTB1323
Tue Jan 29, 2019 6:42 pm
Forum: Investing - Theory, News & General
Topic: What was your first Vanguard fund or ETF?
Replies: 72
Views: 4847

Re: What was your first Vanguard fund or ETF?

Wellington into an IRA in the late 1980s.
by AllieTB1323
Sun Jan 27, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?
Replies: 108
Views: 7579

Re: What Percentage of Your Pre-Retirement Income are You Projecting You Will Need?

There is no substitute for tracking your actual expenses pre-retirement and then revising those based on expected changes in retirement. Expenses include short term (monthly/annual), long-term (car replacement, roof replacement, etc.), and income taxes. Many retirees will end up with a significant ...
by AllieTB1323
Sun Jan 27, 2019 2:09 pm
Forum: Personal Investments
Topic: Want the simplest and clearest online platform
Replies: 25
Views: 2052

Re: Want the simplest and clearest online platform

I greatly prefer Fido's website to Vanguard's. I would agree. If you find the Fidelity site too complicated, you may need to invest some time in leaning the ins and outs. Fidelity gets consistently high marks for its website, so the problem may be you? Of course, it can't be everything to everyone ...
by AllieTB1323
Tue Jan 22, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Have you searched for your unclaimed property?
Replies: 59
Views: 5145

Re: Have you searched for your unclaimed property?

I ran my deceased FIL's name and found about $1800 payable to DW and her brother.
by AllieTB1323
Sun Jan 13, 2019 12:48 pm
Forum: Personal Investments
Topic: Fidelity Zero Funds
Replies: 40
Views: 4178

Re: Fidelity Zero Funds

nix4me wrote:
Sun Jan 13, 2019 12:09 pm
Great funds! FZROX is outperforming VTSAX.
And FZROX has a $0 minimum versus VTSAX $3000. To many investors finding the $3000.00 discourages opening an account.
by AllieTB1323
Sat Jan 12, 2019 11:39 am
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 16532

Re: Biggest Investment Mistake

During the late nineties and maybe 2000 allowing an Investment Advisor :oops: talk me into Munder NetNet B. It went up until it fell like a rock.
by AllieTB1323
Fri Jan 11, 2019 8:18 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13668

Re: Recommendations for a 9mm handgun

Read all the responses, nice to see lots of great and varied advice. Based on the reading I'm changing my recommendation for a first gun for a new shooter from a Glock semi-auto pistol to instead suggest purchasing and learning on a high quality 6 shot .38 caliber revolver. Having owned and trained...
by AllieTB1323
Fri Jan 11, 2019 7:29 pm
Forum: Personal Investments
Topic: I inherited individual stock. Should I sell it now or wait?
Replies: 28
Views: 2457

Re: I inherited individual stock. Should I sell it now or wait?

Due to the stepped up cost-basis, selling is only converting the stocks to cash with no side effects. If you don’t have an IPS. I’d sell, work on creating one as your life settles down, and then decide what to do. I'm so sorry for your loss. Excellent advise. With the step-up base you can bank the ...
by AllieTB1323
Thu Jan 10, 2019 1:49 pm
Forum: Personal Investments
Topic: 65 Whole life policy advice-help!
Replies: 15
Views: 1390

Re: 65 Whole life policy advice-help!

aweckerl wrote:
Thu Jan 10, 2019 12:27 am
No kids, no loans-except for the mortgage around 100k.
No kids , no loans less the mortgage and no husband I'd drop the policy and consider it a cheap lesson.
by AllieTB1323
Tue Jan 08, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13668

Re: Recommendations for a 9mm handgun

(9mm is not a pocket pistol) Actually, guns like the Kimber Custom Shop Micro 9 fit really nicely in a front pocket with a remora holster. Imagine a mini 1911. That’s the only way I choose to carry when toting a smaller caliber. Very very comfy, which I insist on (I’m not going to be tortured by my...
by AllieTB1323
Tue Jan 08, 2019 6:00 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13668

Re: Recommendations for a 9mm handgun

(9mm is not a pocket pistol) Actually, guns like the Kimber Custom Shop Micro 9 fit really nicely in a front pocket with a remora holster. Imagine a mini 1911. That’s the only way I choose to carry when toting a smaller caliber. Very very comfy, which I insist on (I’m not going to be tortured by my...
by AllieTB1323
Tue Jan 08, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13668

Re: Recommendations for a 9mm handgun

I'd also suggest a revolver if you want it for home protection. A revolver is just point and shoot with less moving parts and more reliable (six rounds should be fine for protection). You can get a .357 revolver that shoots both .38 special and the high power .357 mag rounds. And of course, go to a...
by AllieTB1323
Tue Jan 08, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 13668

Re: Recommendations for a 9mm handgun

Definitely first go to a shooting range and test a couple handguns first. Get training! Ask for a lesson, or at least go with someone who shoots regularly. Always ALWAYS obey the 4 rules of gun safety. Many ranges will let you rent a gun, but you usually have to come with someone (most do not rent ...
by AllieTB1323
Fri Dec 28, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2583

Re: Why do people buy- performance cars?

corn18 wrote:
Fri Dec 28, 2018 5:02 pm
srt7 wrote:
Fri Dec 28, 2018 4:55 pm
FlyAF wrote:
Fri Dec 28, 2018 4:27 pm
Acura TLX is not a performance car.
+1 I don't even know why they make those when an Accord V6 is the better option.
No it's not a performance car. Yes it is better than an Accord V6. For me, anyway.
Alas, I believe Honda has dropped the V6 option.
by AllieTB1323
Fri Dec 14, 2018 8:07 pm
Forum: Personal Investments
Topic: Taxable Account - Index Mutual Fund vs ETF
Replies: 14
Views: 950

Re: Taxable Account - Index Mutual Fund vs ETF

I'm having a hard time deciding on which to put in a taxable account - a S&P 500 index mutual fund with a E/R of 0.015% or a S&P 500 ETF with a E/R of 0.04%. I've heard ETFs are more tax efficient but in this case it has a higher E/R. How does one compare? Also, do folks recommend S&P 500 or a tota...